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Press Release13 July 2023Siemens AGMunich/Erlangen
Siemens to invest €1 billion in Germany and create blueprint for industrial metaverse in Nuremberg metropolitan region
The
investments announced today are part of the global investment strategy of
around €2 billion unveiled last month and focused mainly on new manufacturing
capacities, innovation labs, education centers and further Siemens locations. These
investments underscore Siemens’ commitment to the Nuremberg metropolitan region.
With around 3,500 employees, the current location is
already home to a world-class factory for key products in industrial automation
and digitalization. Today, production in Erlangen is already highly automated,
with humans and robots working side by side. Through this investment, Siemens
is now creating a blueprint for the industrial metaverse, a virtual
representation of the real world – photorealistic, physics-based and in real
time. The targeted use of relevant, physical data and the application of
artificial intelligence are creating the latest generation of high-tech
manufacturing, which produces more sustainability and can respond flexibly to
market changes.
"This investment is a strong signal for Germany
as a location for innovation and production. The leading-edge manufacturing
facility being built in Erlangen is a good example of how our economy is moving
toward a climate-neutral future – as a strong industrial country with good
sustainable jobs,” said German Chancellor Olaf Scholz.
“Siemens is
banking on innovation in Germany and launching the next stage of
digitalization: we’re laying the foundation for the industrial metaverse in the
Nuremberg metropolitan region. Here, on the new campus,
we’re combining the real and the digital worlds,” said Roland Busch, President
and Chief Executive Officer of Siemens AG. “Together with partners, we’re
developing new digital technologies in the metaverse and revolutionizing how we’ll
run our production in the future – much more efficiently, flexibly and
sustainably.”
New campus combines development and high-tech manufacturing
The campus – which is to be built in the west
of Erlangen – will focus on sustainable and future-oriented high-tech
manufacturing, related research and development activities, and the opening of the
location for an ecosystem of partners from the business and scientific
communities. The plan for the location also calls for converting existing
facilities and expanding the site.
Before
construction work begins, the new buildings for research and development, production
and logistics will be planned and simulated in the digital world. They will then
be implemented in the real world. In the process, an exact replica is created
in the digital world, in which the entire existing factory layout is optimized
and later readjusted in the real world by using the industrial metaverse. The Erlangen
factory manufactures power electronics components and machine tool controls for
the machine building industry, which are key elements of Germany’s economy and industry.
The
investment is another important element of Siemens’ strategy to combine the
real and the digital worlds. The company is strengthening its Erlangen location
as a hub for digital production concepts – for example, through the use of the industrial
metaverse and for modern technologies like industrial 3D printing and innovative
power electronics. In addition, employees are upgrading their skills through
forward-looking work and training concepts (NextWork) not only to prepare
themselves for the digital transformation of the working world but also to actively
shape it.
Environmentally sustainable location
The facility’s expansion
is based on a comprehensive and forward-looking sustainability and energy
concept. Its roughly 200,000-square-meter area is being rigorously designed to be
a net-zero location that meets the highest sustainability criteria. Plans include
an innovative energy infrastructure, green energy supply and energy storage in
partnership with the city of Erlangen, and the extensive use of Siemens’ sustainable
digital building technology solutions. The new campus in Erlangen
will be implemented by Siemens Real Estate – the company’s real estate arm.
Strengthening Germany as an industrial location
Germany is Siemens AG’s home market and one of
the world’s most important locations for production, research, development and
employment. The technology company employs about 86,000 people in Germany, including
around 38,500 in the metropolitan region. Thanks to its investments, the
company is again contributing to the development of the city of Erlangen and the
Nuremberg metropolitan region, is committing itself to Bavaria as a high-tech
location and is, ultimately, investing in the future viability and innovative
strength of Germany as an industrial location in order to deliver its products from
Germany to the entire world.
As part of
its global investment strategy of around €2 billion, Siemens has announced
investments in regions such as the U.S., China and Southeast Asia. At the
beginning of the week, the company announced its most recent investment
project: the construction of new headquarters in Spain with an investment
volume of €160 million.
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Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power.
In fiscal 2022, which ended on September 30, 2022, the Siemens Group generated revenue of €72.0 billion and net income of €4.4 billion. As of September 30, 2022, the company had around 311,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
In fiscal 2022, which ended on September 30, 2022, the Siemens Group generated revenue of €72.0 billion and net income of €4.4 billion. As of September 30, 2022, the company had around 311,000 employees worldwide. Further information is available on the Internet at www.siemens.com.
Notes and forward-looking statements
This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also make forward-looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of Siemens’ management, of which many are beyond Siemens’ control. These are subject to a number of risks, uncertainties and factors, including, but not limited to those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks in the Combined Management Report of the Siemens Report (siemens.com/siemensreport), and in the Interim Group Management Report of the Half-year Financial Report (provided that it is already available for the current reporting year), which should be read in conjunction with the Combined Management Report. Should one or more of these risks or uncertainties materialize, should decisions, assessments or requirements of regulatory authorities deviate from our expectations, should events of force majeure, such as pandemics, unrest or acts of war, occur or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of Siemens may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. This document includes – in the applicable financial reporting framework not clearly defined – supplemental financial measures that are or may be alternative performance measures (non-GAAP-measures). These supplemental financial measures should not be viewed in isolation or as alternatives to measures of Siemens’ net assets and financial positions or results of operations as presented in accordance with the applicable financial reporting framework in its Consolidated Financial Statements. Other companies that report or describe similarly titled alternative performance measures may calculate them differently. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.
This document contains statements related to our future business and financial performance and future events or developments involving Siemens that may constitute forward-looking statements. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. We may also make forward-looking statements in other reports, in prospectuses, in presentations, in material delivered to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on the current expectations and certain assumptions of Siemens’ management, of which many are beyond Siemens’ control. These are subject to a number of risks, uncertainties and factors, including, but not limited to those described in disclosures, in particular in the chapter Report on expected developments and associated material opportunities and risks in the Combined Management Report of the Siemens Report (siemens.com/siemensreport), and in the Interim Group Management Report of the Half-year Financial Report (provided that it is already available for the current reporting year), which should be read in conjunction with the Combined Management Report. Should one or more of these risks or uncertainties materialize, should decisions, assessments or requirements of regulatory authorities deviate from our expectations, should events of force majeure, such as pandemics, unrest or acts of war, occur or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of Siemens may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. This document includes – in the applicable financial reporting framework not clearly defined – supplemental financial measures that are or may be alternative performance measures (non-GAAP-measures). These supplemental financial measures should not be viewed in isolation or as alternatives to measures of Siemens’ net assets and financial positions or results of operations as presented in accordance with the applicable financial reporting framework in its Consolidated Financial Statements. Other companies that report or describe similarly titled alternative performance measures may calculate them differently. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.